Post: Countries with the Most Millionaires
06-27-2010, 07:56 PM #1
rjive
Love Big Titty Bitches
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I found this information interesting. Included some of my own ghetto analysis as well. You'll find the source to full article at the end. Smile


  1. United States of America - 4.75 million millionaires out of 300million total population.


  2. Japan - 1.23 million millionaires out of 127 million total population.


  3. China - 670k millionaires out of 1.3 BILLION total population


  4. United Kingdom - 480k millionaires out of 61 million total population


  5. Germany - 430k millionaires out of 82 million total population


  6. Italy - 300k millionaires out of 60 million total population


  7. Switzerland - 283k millionaires out of 7.8 million total population


  8. France - 280k millionaires out of 62 million total population.


  9. Taiwan - 230k millionaires out of 23 million total population


  10. Hong Kong - 205k millionaires out of 7 million total population.



What I find more interesting in the article is the amount the wealth represents of the total wealth of the country. Take the top three, US, Japan & China and let's analyze their figures a bit more.

U.S. - 56% of the total wealth of the US consists of 2% of the total population. Half of the countries tax receipts coming from only two percent of the population.

Japan - 21% of the total wealth of Japan consists of the top 1% of the total population.

China - This country seems to have the biggest divergence between total population and the wealthy. Only .0005% of the total population accounts for 50% of the country's total wealth. Those are astonishing numbers.

Finally, let's take a look at the U.K. since we have a strong population on this site from there. The U.K. has 7.95% of the population accounting for 23% of the countries wealth. This interesting data. Looking at this, the majority of the U.K. seems to be represented by the middle class however the top 8% of the wealthy are SUPER wealthy.

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The following 5 users say thank you to rjive for this useful post:

battman411, Caspa, drunkenrepublicn, Run Show, Whiskey_Whiskey
06-27-2010, 11:02 PM #20
iStabbz
Do a barrel roll!
wooo im happy with 4th!
06-27-2010, 11:05 PM #21
Jomow
Smile and wave boys
Originally posted by rjive View Post
I think these projects are spot on however if we see some more EU countries fall like Greece has... those time projections might be pushed back a bit.


Yeah its all very delicate in the UK, i think it was 0.3% growth last quarter. With the coalition government, lead mainly with the conservatives aka Help the rich, sod the poor who knows what will happen to the growth, maybe we could shrink into a depression again and then what..........
06-27-2010, 11:06 PM #22
These are very interesting facts indeed. You never know with Obama and his socialist agenda. I just hope we don't go down that rode.
06-28-2010, 04:23 AM #23
rjive
Love Big Titty Bitches
It's really great to see some great conversation here. Really awesome guys. Nice to see you guys have some smarts.
06-28-2010, 05:00 AM #24
S10
TROLLN 1337
Yay im on the usa list go look you'll see Woodie Pwns
06-28-2010, 09:32 PM #25
Jomow
Smile and wave boys
Thats right kids, work hard in school and you will end up as clever as me =D
06-28-2010, 09:33 PM #26
Antones
Blood of Innocence
Hmm no Saudi Arabia on there ! Thats suprising
06-28-2010, 09:35 PM #27
I thought China and India would have the most millionaires, because they have over 1 billion living there.
06-28-2010, 09:42 PM #28
Jomow
Smile and wave boys
Originally posted by Luke View Post
I thought China and India would have the most millionaires, because they have over 1 billion living there.


Yes but the distribution of wealth is appalling in China and India, only a select few are immensely wealthy.

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